Common use of Post-Termination Product Sales Clause in Contracts

Post-Termination Product Sales. In the event of the cancellation or termination of any license rights with respect to a Product prior to the expiration of this Agreement, inventory of the Product may be sold for up to six (6) months after date of termination, provided royalties are paid thereon.

Appears in 3 contracts

Samples: Collaboration Agreement (Symyx Technologies Inc), Collaboration Agreement (Symyx Technologies Inc), Collaboration Agreement (Symyx Technologies Inc)

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Post-Termination Product Sales. In the event of the ------------------------------ cancellation or termination of any license rights with respect to a Product prior to the expiration of this Agreement, inventory of the such Product may be sold for up to six (6) months one year after date of terminationtermination or such longer period as the parties may agree, provided earned royalties are paid thereon.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Pharmacopeia Inc), Collaboration and License Agreement (Pharmacopeia Inc)

Post-Termination Product Sales. In the event of the cancellation or termination of any license rights with respect to a an Agreement Product prior to the expiration of this Agreement, inventory of the Agreement Product may be sold for up to six (6) months after the date of termination, provided earned royalties are paid thereon.

Appears in 1 contract

Samples: Research Agreement (Pharmacopeia Inc)

Post-Termination Product Sales. In the event of the cancellation or termination of any license rights with respect to a an Product prior to the expiration of this Agreement, inventory of the Product may be sold for up to six (6) months after date of termination, provided earned royalties are paid thereon.

Appears in 1 contract

Samples: Collaboration Agreement (Combichem Inc)

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Post-Termination Product Sales. In the event of the cancellation or termination of any license rights with respect to a Product prior to the expiration of this Agreement, inventory of the such Product may be sold for up to six (6) months 10 one year after date of terminationtermination or such longer period as the Parties may agree, provided earned royalties are paid thereon.

Appears in 1 contract

Samples: Collaborative Research and License Agreement (Cardiome Pharma Corp)

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